Why either/or thinking fails leaders
By Greg Sepeda | The best leaders resist false choices and build the capacity to operate within tension while maintaining clarity, discipline, and forward momentum.
10 results found for “short-term”
By Greg Sepeda | The best leaders resist false choices and build the capacity to operate within tension while maintaining clarity, discipline, and forward momentum.
By Becky Carlson | Understanding your firm’s value early can reveal growth opportunities, reduce risk, and support long-term transition planning.
By Nam Douglas | Tightening immigration pathways are reshaping AEC talent pipelines, forcing firms to rethink workforce strategy, risk planning, and long-term leadership development.
By Jeff Adams | The real work in AEC M&A begins after closing, where integration turns a transaction into sustainable growth and value.
Building Enduring AEC Firms: VHB’s Approach to Ownership, Balance, and Strategic Renewal “An infinite arc of success requires stewardship, purpose, and a relentless focus on people.” Mike Carragher, CEO of VHB What does...
By Morgan Stinson | AEC firms win when purpose, not profit, drives client experience.
By Janki DePalma | When we measure collaboration instead of individual wins, teams shift from rivalry to shared success.
By Aaron Quesada | By adapting to shifting expectations, embracing innovation, and acting with integrity, firms can become indispensable partners in their clients’ growth and success.
By Chad Clinehens | Becoming a principal isn’t a reward for past success – it’s the start of owning responsibility for future value.
By Michael Makris & Laura Terrebonne | When promotions become the goal, firms miss the real work of building leaders, influence, and long-term engagement.
By Mark Zweig | For AEC firm owners and top managers who say they care about value but keep acting like they don’t.
By Daryl Simons Jr. | Technology can enhance recruiting efficiency, but human connection, trust, and judgment will always define successful hiring.
By Mercedez Thompson | Performance reviews become powerful when they shift from box-checking to growth, clarity, and genuine investment in people’s long-term success.
By Brad Wilson | ESOP success in AEC firms depends on financial discipline, clear governance, and treating employee ownership as a lasting cultural investment.
By Tiara Marcus | Great project delivery goes beyond efficiency, blending precision, clarity, and empathy to build trust and lasting client partnerships.
By Mark Zweig | In a world of constant distraction, true effectiveness comes from knowing your priorities and having the discipline to follow them.
By Steve McAdams | Firms that scale successfully evolve their leadership approach, formalize operations, and stay grounded in culture.
By Chad Surprenant | A one-profit-center approach encourages teamwork across offices and disciplines, minimizing silos and supporting sustainable, firm-wide growth.
By Ying Liu | These three common leadership personas quietly sabotage strategy execution.
By Janki DePalma | Recognition matters, but real growth happens when leaders value quiet progress, not just visible wins.
By Tom Robinson | When your people understand not just what is being built, but how and why, they’re better equipped to adapt and solve problems ahead of time.
By Alyssa Wagner | How to offer interns the chance to explore professionally and refine their passion into a fulfilling, long-term career.
By Stuart McLendon | This strategy is becoming an essential tool for growth, innovation, and resilience, especially in AEC.
By Liisa Andreassen | CEO of No. 1 Hot Firm Verdantas (Tampa, FL), an integrated environmental science, engineering, and consulting firm.
By James Gilmer | Proactively addressing these regulatory considerations ensures your firm remains in good standing, competitive, and positioned for long-term success.
By Josh Crawford | Our industry currently faces unique hurdles; success hinges on adopting tailored solutions combined with tried-and-true principles.
By Javier Suarez | Companies should focus first and foremost on “doing” and then worry about “saying” what they are doing.
By Lynn Bruns | If we want to create workplaces where people thrive, innovate, and stay, we must go beyond managing to metrics.
By Ashley Heinnickel | Set yourself up for success, stay focused, and communicate well in order to sustain momentum in strategic plan implementation.
By Morgan Stinson | Leading with purpose helps firms navigate uncertainty by reinforcing values, fostering trust, taking ownership, and turning challenges into opportunities.
By Liisa Andreassen | President of Neumann Monson Architects (Iowa City, IA), a firm that creates exceptional spaces for living, working, learning, and playing.
By Mark Zweig | Balancing growth and profitability is essential for long-term value creation and success in AEC firm valuation strategies.
By Todd Hay | Adapting to smaller AEC markets requires leveraging networks, building staff-client trust, and scaling operations for sustained success.
By Janki DePalma | Extroverts can create meaningful connections by observing cues, balancing conversation, and actively listening.
By Ying Liu | How do you ensure your firm has both the will and the way to succeed in this increasingly competitive market?
This report details some of the biggest trends and movements regarding M&A activity in the AEC industry as of the end of Q3 2024.
By Morgan Stinson | Delegation is crucial for growth, helping managers shift from doing the work themselves to empowering others effectively.
By Eric Lannen | Internships provide real-world experience, mentorship, brand recognition, and foster long-term relationships, benefiting both students and organizations.
By Ying Liu | Five essential practices you can use to actively engage board members and forge invaluable business partners.
By Stuart McLendon | The professional labor gap is an opportunity to rethink, reshape, and revitalize how we work.
In this engaging episode of The Zweig Letter Podcast, host Randy Wilburn delves into the ever-evolving world of recruitment and retention within the design industry. Joined by Jeremy Clarke, Director of Recruiting and Retention at...
By Mark Zweig | These 10 things will make a difference if you are serious about making your people more entrepreneurial.
By Jeremy Clarke | Focus your firm’s retention strategy on offering meaningful benefits that are in alignment with core human needs.
By Mark Zweig | Keep the big picture in mind, and make sure you have the right outside accountants who understand more than the tax consequences of these kinds of decisions.
By Mark Zweig | So many firm owners in our industry could do even better for their people and themselves, and build real value, if they were more entrepreneurial.
By Mark Zweig | Exploring common questions – and their answers – from firm leaders about the buying and selling process.
By Kraig Kern | The line between persuasive marketing and over-promising can be particularly fine and fraught with potential hazards.
By Mark Zweig | Entrepreneurial firms adapt better to a changing environment, are better places to work, and build significant value over time that can be harvested.
By Will Swearingen | By being proactive and creating spaces to learn and grow, firms can benefit from this evolving workplace landscape.
By Florencia Kratsman | Businesses must embrace sustainable interior design, prioritizing eco-friendly materials, longevity, and heritage to mitigate environmental impact and meet consumer demands.
By Jesse Fortune | Technology evolves quickly and it is imperative that AEC firms make smart decisions when selecting the software that powers project files, data storage, and financials.
By Ying Liu | Insight into the unique challenges and opportunities often faced by CSOs in the AEC industry.
By Mark Zweig | A lack of willingness to confront these things honestly has caused way too much frustration and unhappiness in the individuals who work in our organizations.
By Mark Zweig | Open-book management is about sharing financial performance data with employees to foster trust, educate, and improve the firm’s overall performance.
By Eduardo Smith | Whether you’re running a race or running a business, put these five tips into practice and you may be surprised at how far they can take you.
By Mark Zweig | Owning a firm that will be profitable and grow over time requires a longer term view and a willingness to invest in the people who generate the revenue.
By Liisa Andreassen | Past president of CMTA (Prospect, KY), a national leader for delivering high performance, sustainable projects.
By Alec Russell | The Zweig Index reports on 11 of the AEC industry's leading firms on a monthly basis. This installment details the financial standing of Jacobs.
By Ying Liu | Organizations must proactively develop strategies to identify and retain top talent.
By Lindsay Young | We need to be more intentional about prioritizing communication, appreciation, and understanding to enhance customer service.
By Mark Zweig | Every entrepreneurial company should have some big, game-changing things it is working on.
By Alec Russell | The Zweig Index reports on 11 of the AEC industry's leading firms on a monthly basis. This installment details the financial standing of Bowman.
By Matt Verderamo | Defining your mission, vision, and values is key for uniting, motivating, and differentiating your firm.
By Adrian De la Garza | Insights and considerations that can help you decide if you’re ready to buy another firm.
By Alec Russell | The Zweig Index reports on 11 of the AEC industry's leading firms on a monthly basis. This installment details the financial standing of NV5.
By Eric Wilson | With the right set of values and organizational alignment, you may find yourself in a positive feedback loop where shared principles guide you toward collective goals.
By Andy Chavez | The Zweig Index reports on 11 of the AEC industry’s leading firms on a monthly basis. This installment details the financial standing of Stantec.
By Mark Zweig | Doing so will help you organize your thinking, present and preserve your work, and give you more credibility with your client base.
By Andy Chavez | The Zweig Index reports on 11 of the AEC industry’s leading firms on a monthly basis. This installment details the financial standing of AECOM.
By Ying Liu | Use this tool to uncover the macro external factors that influence your company and understand how those factors could create opportunities or threats.
By Andy Chavez | The new and improved Zweig Index will report on 11 of the AEC industry’s leading firms on a monthly basis. This installment details the financial standing of Atlas Technical Consulting (ATCX) as of...
By Liisa Andreassen | Senior vice president of AFG Group, Inc., a woman-owned firm with 30 years of experience providing program, project, construction, and relocation management services.
By Christina Zweig Niehues | This group will require more flexibility, autonomy, and learning opportunities in order to stay engaged and motivated.
By Liisa Andreassen | Vice president of corporate development at J.S. Held, a global consulting firm providing technical, scientific, and financial expertise across all assets and value at risk.
By Mark Zweig | Improving this will not only help you attract and keep good people, but it will also bring in new clients.
In this episode, Michael Hein – CEO of the HFW Companies — discusses his firm's model of merging companies while maintaining culture and how HFW has provided small firms opportunities to grow.
By Mark Zweig | We’ve all heard about the attributes of highly effective people, but what about the habits of highly ineffective people?
By Mark Zweig | The payoff is a more valuable company that is healthier and provides more opportunities for its employees.
By Andy Chavez | Actionable solutions for owners and employees alike to promote the longevity of high performers in today’s workplace.
By Mark Zweig | Business ownership can be one of the most rewarding things for any person to participate in.
By Alexis Eades | The consequences of burnout can be detrimental, so give your mental health the care it deserves.
By Andy Chavez | Who are these private equity extraterrestrials, what do they want, and how long will they be here?
By Andrew Schwarz | Achieve greater business success and improve employee work satisfaction by actively working toward a more diverse, equitable, and inclusive company.
By Jerry Holder | Three lessons learned from stories of leaders’ successes and failures – and their ramifications.
By Kraig Kern | Too much of a good thing can lead to a crisis for you and your staff and dissatisfaction for your clients.
By Liisa Andreassen | Owner of Croft, Inc. (Acworth, GA), a full-service architecture and engineering firm that serves clients nationally in many diverse markets of the public and private sectors.
By Mark Zweig | The AEC industry is facing unprecedented demand for what we do. If there was ever a time to say that slow-paying clients are not acceptable, it is now.
By Jamie Claire Kiser | It’s time to reevaluate every penny of our cost structures and ensure that our investments are going to our workforce.
By Christina Zweig Niehues | It’s important for firms in all stages of growth to invest in marketing and continue to plan for the future.
By Mark Hirschi | Mentoring remains the most effective mode of knowledge transfer from older professionals to younger generations.
By Mark Zweig | There are many variables to consider when planning for an ownership transition in an AEC firm.
By Phil Keil | Systems, value creation, simplicity, and granting authority to the most local level.
By Stephen Lucy | Actively work to shape your own legacy, otherwise it will be defined by others and probably not as positive as you would want.
By Liisa Andreassen | President of Prein&Newhof (Grand Rapids, MI), a 100 percent employee-owned firm that is dedicated to thinking ahead, building lasting relationships, and crafting long-term solutions.
By Liisa Andreassen | President of Fishbeck (Grand Rapids, MI), a firm of engineers, scientists, architects, and constructors in the business of problem solving, inspiring results, and bringing ideas to life.
Current world events are changing the way we value everything. This pandemic highlights the need for collaborative and equitable decision-making between leadership and staff.
By Jamie Claire Kiser | Generational differences can be a powerful source of innovation and adaptability.
By Mark Zweig | When people are demotivated they become negative and cynical, and can pollute the attitudes of their co-workers. And if they’re really demotivated, they may quit.
If we want to be in position to effectively respond and even get ahead of the curve, we all need to know what’s likely to come next.
Staff training fuels a culture of continuous education, enabling your firm to stay competitive, relevant, and profitable for the long run.
By Mark Zweig | For many A/E firms, it is going to take a lot of tough decisions, hard work, mental intensity, and help from everyone in the firm to get through this situation intact.
By Chad Clinehens | Break out of the spreadsheet mentality and build an ownership team that drives value and performance long-term.
It’s possible for a mature company to stay innovative – the key is unlocking talent from within.
If you are within the leadership group of your company, there are times when you may need to purge your leadership team to move forward.
Former president of CobbFendley (Houston, TX), a 530-person firm that is committed to providing innovative engineering solutions with the goal of bettering communities.
“If you have lofty ambitions for the growth of your firm, but aren’t exactly sure of what you need to do to accomplish it, here is my best advice.”
Implement these tips to decrease tension and drastically increase the utility of your feedback.
Leaders of employee-owned firms must focus on people, transparency, and vision to achieve long-term success.
CEO of ISG (Mankato, MN), a multi-disciplinary design and engineering firm that has growth in its DNA.
President and CEO of ARM Group (Hershey, PA), a science and engineering consulting firm where the entrepreneurial spirit thrives.
Winning today is about serving others and providing value. Both are good. They always were, and always will be.
By Chad Clinehens | Use these tips to achieve long-term results in a short-term world.
No one wants just a job, and no one wants to live in “quiet desperation.” As leaders, we can help employees sidestep burnout.
Learn from attorneys, business advisors, and other professional service providers on how to avoid commoditization in the AEC industry.
Do you want to survive the next year, the next recession, and the ongoing reset of the workplace, the marketplace, and the recruiting space?
Do you want to survive the next year, the next recession, and the ongoing reset of the workplace, the marketplace, and the recruiting space?
“Are you trying to play the role of the high-flying entrepreneurial CEO in a large firm with lots of resources instead of thinking of yourself as a business owner?”
“We need to collect our money sooner. With dragged out collection periods, most companies don’t have the working capital they need without borrowing.”
President of JCJ Architecture, a local, national, and global architecture, planning, and interior design firm based in Hartford, Connecticut.
CEO of ATI (Hot Firm #43 for 2018), a California firm rooted in philanthropy, and with a bright future on the horizon.
By Phil Keil | People need something to rally behind. Identifying a mission for your firm is more than just a box to check when creating a strategic plan.
President of Bernardon (Hot Firm #39 for 2018), an 80-person architecture, interior design, and landscape architecture firm based in West Chester, Pennsylvania.
By John Bray | It’s easy to send texts and emails, but to make a great and lasting impression, frequent phone calls throughout your network are essential.
Chairman, CEO and President of Woolpert (Hot Firm #18 for 2018), an 800-person national architecture, engineering and geospatial (AEG) firm based in Dayton, OH. By Liisa Andreassen Correspondent “I would say moving through our minority...
Undisciplined growth, poor people focus, low financial performance, and a weak capital structure can sink a firm – even big ones with brand names. I’ve been working with several colleagues for the past four years...
Being relevant can be powerful, but it will require you to put down your devices and actively engage with those around you. No doubt you have been in meetings and looked around the room and...
As an industry, we generally leave a lot of money on the table and drive up costs with our lack of effectiveness in management and training. When we think of improving, we often turn to...
For a firm to find the transformative, positive change it’s looking for, leadership needs to be intentional and steadfast in its commitments. Management – planning, budgeting, staffing, organizing, controlling, and problem solving – helps you...
Innovation demands that we think, struggle, act, and sometimes fail. A tough slog, but it has to be done. It’s a balancing act to fit innovation into the daily practice of the AEC industry. Whether...
Firms are super busy, but that doesn’t mean all is well. How are profit margins, recruiting, and employee training holding up? The AEC industry is busier right now than it has been in a long...
Statics, dynamics, and mechanics of materials are essential, but for long-term success, you need to educate yourself outside, and after, the curriculum.
Randy Wilburn sits down with Mark Zweig, founder and chairman of Zweig Group, to talk about what it takes to sell a lot of work in the AEC industry. Mark says it's possible to be...
What engineers need to know (but often don’t) about this critical financial tool and how it can help a firm succeed. At JBCI, one of our guiding principles is transparency. We embrace sharing relevant financial...
As it relates to the AEC “industry,” we all should know by now that those who can sell a lot of work are the people who rise to the top of their firms, have the...
Managing principal and president of HED, Inc. (Hot Firm #34 for 2017), a 350-person design firm with offices in Illinois, Michigan, and California. By Liisa Andreassen Correspondent “Small changes often lead to significant results,” says...
Attention to performance metrics can enhance business value, so you might try using a few new financial ratios in your spreadsheets. For those of you involved with firm financial management, you expect to regularly review...
Whether it’s a monthly email campaign, promotional event, thought leadership piece, or blog post, firms need to give marketing the time it needs to evolve. “Do you want the job done right or done fast?”...
Successful business planning isn’t about having a crystal ball. It’s about a culture that discusses goals, actions, and results on an open and regular basis. The end of one year and the beginning of a...
A Note from Jamie Claire Kiser Director of Consulting Highlights from 2017 In 2017, we helped clients across the country close deals, taking our mergers & acquisitions team everywhere from Texas to Michigan, Minnesota to...
President and founder of McCarthy Engineering Inc. (Hot Firm #74 for 2016), a 41-person firm based in Wyomissing, Pennsylvania. “Our philosophy is that no one can be perfect on their own, but together as a...
Under threat, firms solve problems when leaders commit to the right roles and the right people to inform, inquire, and act. You’ve all been there. A room full of eight, 18, or even 80 anxious...
President and CEO of VHB (Best Firm Civil #23 and Hot Firm #46 for 2017), a 1,400-person firm based in Boston, Massachusetts. By Liisa Andreassen Correspondent “Bottom line, when it’s the right move, and when...
Depending on why they left – and what they did while they were gone – it might be a good idea to welcome them back into the fold. It’s not uncommon when sorting through a...
In a hot M&A market, the opportunity to sell is there, but staying put could also be a good path to take. The activity with mergers and acquisitions is quite high. There seem to be...
Do you want to win a project, identify a new service offering, or attract a new employee? Pick the right medium and have at it! Humans have been communicating through stories for more than 25,000...
You can leverage M&A to accelerate strategic shifts and implement your growth strategy, but there are plenty of risks along with the reward. While M&A is not a strategy in and of itself, it is...
Digital is critical, but don’t fixate on having an army of followers. Instead, use social channels to build your brand equity. What is the first thing you do when you wake up in the morning?...
When you think about it, management of the design process for a complex construction project is all about accomplishing things through others. Many different people have to come together to get something done by a...
Every so often I have a number of disconnected thoughts for our readers, none of which merits all of my allotted space, but each of which could prove valuable. This is one of those weeks....
This is the second installment of the Modern Marketing for the AEC Industry series. Click here to read the first installment. What is the first thing you do when you wake up in the morning?...
Generational ownership and leadership transitions pose unique challenges. Anyone you promote to the highest level must be cut from the right cloth. The statistics bear repeating: Most professional services firms are aging at the top....
Keeping a good team together requires lots of maintenance, great perks and benefits, and the willingness to toss out the bad apples. I get asked the same question all the time – how do I...
I am becoming more and more aware – by the day – of what a problem social media addiction is for companies of all sizes and shapes. And it is a HUGE and growing problem...
Firms that prepare together find that the investment in time and resources equates to project wins and good relationships. Teaming with other AEC firms is a common strategy to win work that requires different types...
Break free from immediate metrics and returns, because with marketing, the ROI could take months or even years to realize. Growing up in the ‘80s, the recent passing of George Michael brought a lot of...
President of Fitzemeyer & Tocci (#2 Best Firm Multidiscipline), a 50-person engineering consulting firm based in Wolburn, Massachusetts. By Liisa Andreassen Correspondent “The expectation is growth through 2018 followed by a mild recession in 2019,”...
If your firm does not have a well-crafted system for handing out employee bonuses, you run the risk of creating the haves and the have nots. 2016 was a good year in the domestic A/E...
The acronym is PDB, not to be confused with PBR, the beer, or PBR, professional bull riding. Bone up on the latest method of project delivery. By some statistics, design-build accounts for some 40 percent...
Growth is all but assured in a healthy market, but if a firm doesn’t watch out, it can grow helter-skelter to the point of extinction. Many firms are experiencing growth during this post-recession period and...
If firms employ these operational and financial strategies, their chances of weathering a downturn, regardless of how bad it is, will increase. Last week, June Jewell outlined five ways to insulate your firm from the...
Alternative collection methods at this time of year, even if it’s something radical, might come in handy if you need to ‘stock the cash coffers.’ As the last quarter of 2016 draws to a close,...
From job to job and firm to firm, all with the push of a button on a mobile app. Is that the future for the design industry? There’s plenty out there who sure hope so....
Florida multidiscipline firm Kisinger Campo and Associates, with four decades under its belt, knows how to treat clients and employees. By Liisa Andreassen Correspondent Kisinger Campo and Associates (Tampa, FL), a multidisciplinary engineering firm of...
Outdated or “dead” contacts are a real problem for any company that has a marketing program that uses a CRM or Client Relationship Management System. CLICK HERE TO UPDATE YOUR CONTACT INFO WITH US The...
Your firm might want to try rolling business plans with one-, three-, and 20-year projections. It’s a lot of work, but it beats starting over again and again. It is generally good business to create...
Mentorships are supposed to be two-way streets, so when you consider your program, make sure you make the right connections. The mentoring partnership is an agreement between two people to share experiences and expertise to...
Blame is a form of punishment that rarely works, and removing it from a firm’s environment will increase productivity and collaboration. Would you rather have an employee change her behavior, become more motivated, or make...
By Mark Zweig | Many folks working in firms in the A/E/P and environmental consulting industry don't understand commonly-used financial terminology. How can you blame them? If no one ever explained it to them you...
When positioning your firm for a potential sale, you should be prepared to talk about all facets of the organization, not just the C-suite. As an M&A consultant, I come into contact with sellers of...
Firm leaders often think they know what the company needs, but in reality, are looking for answers in the wrong places. I receive a lot of phone calls from firms inquiring about many of Zweig...
Annual resolutions are short-term planning at best. Now that another new year is in full throttle mode, are you checking off your list of resolutions, or are you envisioning your firm’s future? Annual resolutions are...
Rapid hiring during the recovery has changed the complexion of many firms The rapid recovery in the A/E industry has led to unprecedented growth for many firms. Most firms have rebounded, surpassing their pre-recession revenue...
More so than the everyday small business, organizations that aim to grow must employ specific types of people. Not every A/E or environmental firm is an entrepreneurial firm. But, if you’re reading this, odds are...
M&A really isn’t all about the valuation and the payout terms. For sellers, there is usually a strong emotional attachment to the company that they’ve devoted years, resources, and their career to growing. A concern...
Strategic cooperation among competitors can result in big gains for each firm and better projects for clients. I hadn’t heard of “coopetition” – a contraction of cooperation and competition – for a while, but it...
Allowing late payments because ‘this is the way the client has always paid us’ is a cash-flow killer. Accounts receivable is, for most of our clients, the source of all the cash that fuels the...
Diverse firms can implement rules-of-thumb to establish priorities and see results for years to come. By Andrea Bennett Managing Editor A/E/P and environmental firms have several items on their to-do lists at any given time:...
Four items of political savviness can help ensure organizational newcomers are accepted and successful. A/E/P and environmental firms are in hiring-mode nationwide. This industry is booming, and we’re bringing on new people – some of...
The manager-producer dilemma and how it can affect your course. I am reflecting on the month of January as I write this. I was in the office for one business day and on the road...
Despite what the pundits say, Mark Zweig believes that magnetic leaders aren’t such a bad thing. "Charisma” – some people have it and some don’t. It has been defined as a special charm or appeal...
Smart investments and ability to effectively manage debt are key to success at these firms. By Christina Zweig What are fast-growth firms doing differently than their competitors in the A/E/P and environmental consulting industry? We...
Mark Zweig offers two examples of divisive attitudes, and how to fix them. It kills me how some people working in our client companies forget that they are all working for one firm. These people...
But let’s just be clear – no one really enjoys working in a maddening environment. I was working with an engineering firm two weeks ago and we were discussing ways to improve operations. They had...
By Tracey Jeffers Principal, Valuation Consulting ZweigWhite I have found that the A/E/P and environmental consulting industry has many unique qualities, but one I find intriguing when compared with other industries is the longevity of...
Press Release: August 2, 2011 FAYETTEVILLE, Ark. (August 2, 2011) – Whether it’s a company-sponsored gym membership or paid parking, most companies offer incentives to staffers beyond their paychecks. These measures are looked upon as...
By Tracey Jeffers Principal, Valuation Consulting ZweigWhite If you are involved with financial management at some level in your firm, you expect to regularly review the typical balance sheet and income statement. A smaller percentage...
By W. Hobson Hogan ZweigWhite Principal, Investment Banking I have represented many businesses in M&A processes and I have analyzed both great and not-so-great firms. In all of these M&A processes, I have witnessed some...
By Mark C. Zweig Many folks in our business want to act like they have a “purpose-driven organization.” What is that, you may ask? To me it is very simply a company that exists for...
As a consultant for 30 years now, I have done a lot of turnarounds. Even though they can be terrible and painful, when they go well, a successful turnaround can be incredibly gratifying. There is...
Short term marketing fixes? There aren’t any. You can hold a lot of meetings, make some calls, and get out and aggressively try to sell some new projects, but it probably won’t make any real...
Any business— be that A/E/P or otherwise— survives and prospers to the extent it meets the needs of its clients. That is so incredibly fundamental it borders on the obvious— yet firms falter (and occasionally...
When things get ugly in a firm— as they tend to do when the firm’s financial status takes a downturn— you’ll often see fights break out. Some principals form factions with other principals or principal...
We all seem to spend a lot of money on training. That’s a loosely applied term. Many things fall into the “training pot” in a typical A/E/P or environmental firm. My anecdotal understanding is that...
Although I have been generally getting calmer with age, I’ve found myself getting mad lately— mad at design professionals who will NOT do what they should do to build a reputation for themselves and the...
We’ve been at this business for some time now— and have worked with hundreds of A/E/P and environmental firms whose principals wanted to sell. Unfortunately, we can’t help all of them— just those who will...
Somewhere in the journalistic masterpiece known as USA Today during the week of July 17 is a small blurb about business ethics. It was one of their polls that they regularly take. Forgive me for...
After 26 years of immersion in A/E/P and environmental firms, it has come to my attention that one thing probably holds more firms back from achieving their potential more than anything else: the owners’ fear....
Thankfully, just about every A/E or environmental firm does a business plan these days. I no longer have to relentlessly beat my drum here in The Zweig Letter on all the reasons to do so!...
I got a call from a friend and old client of mine recently. He’s down right now— and has been for months. His small design firm just isn’t doing very well, at least not compared...
When it comes to predicting the future of a successful A/E or environmental enterprise of any sort, what’s more important— the market conditions, the passion of the individuals leading it, or the unity of those...
They’re making their lists. Nope— I am not talking about the Santa Clauses of the world. I am talking about your employees, and more specifically, your key employees. And the lists they are making don’t...
For each of the past five years since we created The Zweig Letter Hot Firm List, there have always been readers out there who write in to ask why we are so obsessed with growth...
Everyone in the A/E or environmental consulting business wants to turn their technical people into sellers. Not a week goes by that the desire to do this isn’t mentioned to me by someone in this...
For whatever reason— and I have seen it countless times— sometimes the work environment just goes bad. Like fruit that sits in the bowl too long, it rots, it molds, and it becomes intolerable. Just...
It’s kind of funny. I was out visiting a firm the other day— a rapidly growing, multi-office, multi-service firm— that is apparently beating the pants off of its larger, more established competitors. I’ve seen it...
Turning around an A/E or environmental company that is not doing as well as it should be doing takes an artful leader (or bunch of leaders). If you take a closer look at these transformations,...
Buying and absorbing another enterprise into your own is never easy. A/E/P and environmental consulting firms may be especially difficult as they have very few assets. Aside from a good (or bad) name, some computers...
Cultural alignment, i.e., getting everyone in the firm— especially those at the top—on the same page, is something everyone in our business can tell you is critical. Without it, decisions don’t get made, opportunities come...
I’m seeing a lot of firms following a program of short-term profit-maximization right now. It’s easy to understand. Industry profits are down as the results from our 2002 Financial Performance Survey of A/E/P & Environmental...
I don’t want to be negative nor schizophrenic. Sure, there was panic after 9/11, but the fact is our industry (overall) has been remarkably healthy since then. The data still looks good in many sectors....
I paid a visit recently to one of the CEOs whose firm is at the top of The Zweig Letter Hot Firm List. His firm is big, and they basically do everything for everyone (you...
Leroy Whiteside, president and CEO of Those Fabulous Architects, Inc., a 200-person firm based in Charleston, South Carolina, is a great guy. He is, in many ways, the archetypal design firm principal. He works 60...
Right now, everyone seems to be interested in profits. 2001 shook owners and employees alike. And even though most firms had a decent year (but “decent” is not the same as “great”), most made about...
Friday afternoon finally rolled around. Joe Jetson gathered up everything he needed to work at home over the weekend and tossed it all into his briefcase. This was the worst week Joe could remember in...
Best I can tell, the events of September 11 pushed a fragile economy over the cliff. It’s hard to make a bull like me into a bear, but I am there now. Companies everywhere are...
This week’s issue of The Zweig Letter is devoted to The Zweig Letter Hot Firm 2001 List. For me, this is what it’s all about— success. I love the Hot Firm focus and putting the...
I was out working in my yard this weekend, cutting brush and chopping up fallen branches with my 18-horsepower trailer-mounted chipper, when one of my friends and clients dropped by. He’s an architect and was...
My 80 year-old parents just came up from Kirkwood, Missouri, for a short visit. As is always the case, my dad and I eventually got around to talking about business. I don’t know anyone who...
I just heard a story the other day about one of our clients from another clients (both large A/E firms). Evidently, the first firm had been called by a big client for help on a...
I have found myself saying more than once recently that just about every firm (would you believe 80-90%+?) is looking for someone to work in their marketing area. Whether it’s a marketing manager, marketing director,...
I would be surprised if more than one of our readers hasn’t said to themselves recently, “We really ought to be thinking about what we’ll do if things slow down.” Well get ready folks, it’s...
The longer I have been involved with management of A/E/P and environmental firms the more convinced I am that the whole key to success lies in thinking long term. The sooner one comes to this...
Although I don’t consider myself a member (honorary or otherwise) of the morality police, the latest presidential scandal got me thinking about morality and ethics. I’ll limit my political commentary to one statement: I think...
“The client will hire us because we have a long-standing relationship.” Don’t get too comfortable. Many firms take existing clients for granted. And when this happens, the deterioration in service quality is almost imperceptible (in...
The longer I am involved with this industry the more aware I am of how critical the collective and individual morale of a firm’s employees is to its continued ability to function successfully. Let’s face...
I spend more of my billable time helping A/E/P and environmental consulting firms with their business planning than anything else. Most firm owners want to do more with their businesses, to be more successful. But...
Here are 10 things about the A/E/P and environmental consulting business that they don’t teach you in college. The best clients get crapped on. I hate to say it, but sometimes we treat our best...
Why do some firms grow, have happy employees, keep satisfied clients, and make their owners rich, while others start up, muddle along, and then either continue to muddle along or fizzle out completely? If you...
Did you ever notice how some companies muddle along while others seem to keep advancing? What allows some firms to make so much more progress and to get so much more accomplished than others? It’s...
There’s truth to the old adage that “the seeds of destruction are sown along with the spoils of success.” We see it all the time, but that doesn’t make it any more palatable. I’m talking...
There’s a good article in the September 9, 1996, edition of The Wall Street Journal, entitled “How to Survive When I Take the Reins.” It’s in the “Manager’s Journal” section and was written by Albert...
One reason the A/E/P and environmental consulting industry is predominated by small, not-so-successful firms is that it has too many weak leaders. A firm can end up with a weak leader for many reasons. The...
Everything you read on psychology tells you that we, as individuals, should each have a healthy self-image. It’s only common sense. Without a healthy self-image, we won’t live up to our career potential; we won’t...
We finally received notice a few weeks ago that Zweig White & Associates was selected for the Inc. 500, a list of the fastest-growing privately held firms in the U.S. It’s something we are certainly...
It is almost heresy in this day and age of “customer service” to say it, but in the A/E/P and environmental consulting business, the customer is not always right. In fact, many times the customer...
I’m writing this article on Monday morning, “Marathon Day.” For those of you who didn’t know, Marathon Day is a big deal here in the Boston area. We’re planning on shutting down today between 11:00...
I am continually reminded of the bizarre sense of risk some principals in A/E/P and environmental firms have. I am talking about the obsession so many principals seem to have about extracting as much as...
It is widely accepted that any well-managed A/E/P or environmental consulting firm should monitor and report on the profitability of the projects it undertakes. Pick up practically any management newsletter, or look in the practice...
While 1994 was a truly great year for most architecture and engineering firms, and even for some environmental consulting firms, there were still firms in our industry that lost money. And it’s not unusual for...
Just about every A/E or environmental firm wants to grow. And there are a lot of good reasons for it. To paraphrase an old adage, “growth covers a multitude of sins.” When you are growing,...
If you are like a lot of our clients, 1994 was a really great year. For many firms, all indicators were up— including sales, backlog, revenues, and profitability. Our ZWEIG 100 index (based on 100...
One of the most important milestones in the development of an A/E/P or environmental firm is the first time the company turns down work. Knowing what work to take on and what work to refuse...
I hear from a lot of disgruntled people working in support roles in A/E and environmental consulting firms— (“support” meaning anyone whose primary job function does not create revenue for the firm). I know how...
Some readers might think that a discussion of writing has no place in a management publication aimed at architects, engineers, and scientists. They couldn’t be further off the mark. Good writing skills are absolutely critical...
I’ve always been a student of human interaction. So when I hear someone say of another person in a derogatory tone, “That Wilson sure has a big ego,” I immediately ask myself “Who is this...
Although I dislike corny slogans and management propaganda, one of our fast-growing clients asked me recently if we had some sort of “employee credo” they could provide to new employees. This firm’s owners were concerned...
If I weren’t so optimistic, I could easily get discouraged. As an owner in a small, growing company, it seems that every time you make a buck, someone is there to take it away from...
Many of our readers are already reflecting back on a year that was not so great, financially speaking. But in 1993, some firms will find this cloud really does have a silver lining. Many firms...
Too many people are unhappy— unhappy with the way we’re running our country and unhappy with the way we’re running our firms. The presidential elections to be held on November 3rd and the issues facing...
TQM (Total Quality Management) for A/E/P firms is nothing more than a fad. I’d be willing to bet right here and now that in two or three years, you won’t hear anything about it. TQM...